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The Discovery Land Company Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204420241 ✦ Beverly hills, CA ✦ Designated as a 501(c)(3)

Overview

What is The Discovery Land Company Foundation?

The Discovery Land Company Foundation is a nonprofit organization based in Beverly Hills, California. Established with a mission to strengthen non-profit and charitable programs serving children and families, they have significantly contributed to the community of Abaco, Bahamas, following Hurricane Dorian in 2019. Their efforts included emergency assistance, such as evacuations, housing, meals, supplies, transportation, and building materials, which continued throughout 2022. In collaboration with local leaders, residents, and other organizations, they completed the reconstruction of three schools in Abaco, two of which accommodate approximately 1,000 students annually and one serving children with special needs. Additionally, they provided housing repairs and reconstruction for numerous residents, including medical staff at the Marsh Harbour Hospital. This work and the preparation for building a new clinic continued through 2020, 2021, and 2022. The foundation's charitable work extends to supporting shelters and foster care facilities in the communities surrounding Discovery Land Company developments.


Official website here: www.discoverylandcofoundation.org

Is The Discovery Land Company Foundation legitimate?

The Discovery Land Company Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Discovery Land Company Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $229,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.discoverylandcofoundation.org

What is the mission statement of The Discovery Land Company Foundation?

The Discovery Land Company Foundation's mission is to enhance non-profit and charitable programs that cater to the needs of children and families. This encompasses supporting shelters and foster care facilities within the communities surrounding Discovery Land Company developments. Following Hurricane Dorian in 2019, the foundation launched the Abaco Relief Program, providing emergency assistance such as evacuations, housing, meals, supplies, transportation, building materials, and immediate provisions to the Abaco community in the Bahamas. The support continued throughout 2022. In collaboration with local leaders, residents, and other organizations, the foundation successfully reconstructed three schools in Abaco, designed to serve as storm shelters and accommodate approximately 1,100 students annually, including a school for children with special needs. The foundation also provided housing repairs and reconstruction for numerous residents in Abaco, including medical staff at the Marsh Harbour hospital. The home repairs and the process for building a new clinic continued through 2020, 2021, and 2022, with the completion of the new public clinic scheduled for 2023.


Official website here: www.discoverylandcofoundation.org

Who is the CEO of The Discovery Land Company Foundation?

Christy Nichols is the Executive Director/Secretary of The Discovery Land Company Foundation.


Official website here: www.discoverylandcofoundation.org

What is the revenue of The Discovery Land Company Foundation?

The Discovery Land Company Foundation's revenue in 2022 was $2,772,482.


Official website here: www.discoverylandcofoundation.org

Who are the executives of The Discovery Land Company Foundation and what are their salaries?

The average compensation at The Discovery Land Company Foundation during 2022 was $229,390. There are 1 employees and 2 volunteers at The Discovery Land Company Foundation.

Here are 3 key members and their salaries:

    Christy Nichols (Executive Director/Secretary)
  • Compensation: $229,390
  • Related: $0
  • Other: $0

    • Michael Meldman (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hunter Scott Meldman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.discoverylandcofoundation.org

    Where can I find the form 990 for The Discovery Land Company Foundation?

    The The Discovery Land Company Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.discoverylandcofoundation.org

    Learn more at the official website: www.discoverylandcofoundation.org

    Mission Statement of The Discovery Land Company Foundation

    The Discovery Land Company Foundation is dedicated to enhancing the impact of non-profit and charitable programs that cater to the needs of children and families. Their mission extends to supporting initiatives such as shelters and foster care facilities within the communities surrounding Discovery Land Company developments.

    In a demonstration of their commitment, following Hurricane Dorian in 2019, The Discovery Land Company Foundation launched the Abaco Relief Program. This program offered emergency assistance to the community of Abaco, Bahamas, providing support for evacuations, housing, meals, supplies, transportation, building materials, and more immediate provisions. This aid was provided consistently throughout 2022. In collaboration with local leaders, residents, and other organizations, the foundation has successfully reconstructed three schools in Abaco. Two of these schools, which usually accommodate around 1000 students each, are now built to stronger codes, serving as storm shelters. The third school is designed for children with special needs, assisting approximately 100 children annually.

    Furthermore, The Discovery Land Company Foundation has undertaken housing repairs and reconstruction for numerous residents in Abaco, including medical staff at the Marsh Harbour Hospital. These repairs and the preparations for building a new clinic continued through 2020, 2021, and 2022, with the completion of the new public clinic scheduled for 2023. This comprehensive approach highlights the foundation's dedication to improving the lives and futures of children and families in need.

    Impact

    This information is meant to be a general summary of The Discovery Land Company Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Discovery Land Company Foundation has had a significant impact through its Abaco Relief Program following Hurricane Dorian in 2019. This program provided emergency assistance to the community of Abaco, Bahamas, supporting evacuations, housing, meals, supplies, transportation, and building materials. The Foundation, in collaboration with local leaders and residents, reconstructed three schools in Abaco to stronger codes for use as storm shelters. Additionally, they provided housing repairs and reconstruction for many residents in Abaco, including medical staff at the hospital in Marsh Harbour. The ongoing support and initiatives aimed at rebuilding infrastructure and supporting the community demonstrate the Foundation's commitment to serving children and families in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $105,522
  • Program Service Revenue: $0
  • Gross Receipts: $3,284,201

    • Assets and Liabilities:
  • Total Assets: $14,691,030
  • Total Liabilities: $321,920
  • Net Assets: $14,369,110
  • Organization Details

    Founding Year

    2006

    Principal Officer

    Christy Nichols

    Main Address

    257 NORTH CANON DRIVE THIRD FLOOR, BEVERLY HILLS, CA, 90210

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of The Discovery Land Company Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.